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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.00430+79.2%Dec 17 1:29 PM EST

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To: Janice Shell who wrote (7919)8/6/1998 10:54:00 AM
From: eric deaver  Read Replies (1) of 11684
 
<<Since at the time this statement was made no surveys had yet been done, it might be argued that they had no idea whether this was true or not.

Was management misrepresenting the value of the company to shareholders and potential shareholders? That's part of what the SEC wants to know.>>

Once again, hence the May 28th PR. It states very plainly how numbers were estimated in the abscence of a survey. Would a survey have been more reliable? Yes. But, again, one can argue the numbers (as GS likes to do) but you can not say the company hid the figures in this PR.

You forgot the "IMO" bit at the end there, too.

Eric
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